Seanad debates

Tuesday, 26 July 2011

10:30 am

Photo of Michael ComiskeyMichael Comiskey (Fine Gael)

I join previous speakers in offering my condolences and sympathies to the people of Norway.

I wish to raise the matter of the takeover of Superquinn by the Musgrave group. Media reports indicate that Superquinn's existing suppliers have this week received cheques which have bounced. This will have crippling consequences for their businesses. Superquinn's loyal suppliers require more certainty and clarity regarding payments that are owed to them. I was concerned to discover that payment will be made in respect of deliveries made since Monday last, 18 July, but that payment will not be made with regard to deliveries made before that date. A dedicated staff complement has been appointed by Musgrave Group to cater for the suppliers to whom I refer. Additional information must be provided and a more serious commitment given to suppliers. Small businesses cannot be allowed to be squeezed out in this way.

Problems of this nature have arisen in recent years in my county and other Border counties as a result of companies going out of business and leaving sub-contractors and suppliers out of pocket. What is the position with regard to the Bill relating to this matter which was introduced by Senator Feargal Quinn? What can be done to safeguard the livelihoods of the people to whom I refer?

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